This site offers insight on alternative investments besides Wall Street. This includes tax deeds, tax liens, and other types of foreclosures.

Thursday, June 21, 2007

Upcoming Tax Auctions - Illinois tax auctions

CHARLESTON (Illinois) — Eight properties are available in Coles County’s annual delinquent property tax auction, which has a bid deadline of Monday.

The minimum bid for each property is $644, and sealed bids must be submitted to the county treasurer’s office, 651 Jackson Ave., Charleston, according to information from the county’s tax agent. Catalogs listing and describing the property up for auction and complete bidding information are available at the treasurer’s office for $3.

The county conducts the auction each year on property where taxes haven’t been paid for a certain amount of time. The purpose is to try to get new owners for the property so they’ll pay the taxes in the future, though they don’t have to pay the taxes owed to this point.